Speed Reads

Trump Taxes

Hillary Clinton already has a brutal ad up on Donald Trump's tax-return leak

Donald Trump may have legally avoided paying federal income tax for up to 18 years after reporting a massive $916 million loss on his 1995 New York State tax returns, The New York Times reported Saturday night, citing three pages of Trump's returns sent to a reporter anonymously in the mail. Trump's former accountant verified that the returns are legitimate, Trump's campaign did not deny the Times report, and the revelation was a big topic of conversation on the Sunday morning talk shows. Hillary Clinton's ad team took the afternoon to put together a new ad featuring some highlights from the Sunday shows and Trump's own speeches.

"Donald Trump is a business failure who has gotten rich at your expense," the ad says. If that's what we've learned in three pages of returns, it concludes, "imagine what he's hiding in the rest." At some point, will the political damage become so great we won't have to imagine?